The Limners and Bards (XJAM:LAB) Return-on-Tangible-Asset : 0.00% (As of . 20)

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What is The Limners and Bards Return-on-Tangible-Asset?

Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. The Limners and Bards's annualized Net Income for the quarter that ended in . 20 was JMD Mil. The Limners and Bards's average total tangible assets for the quarter that ended in . 20 was JMD Mil. Therefore, The Limners and Bards's annualized Return-on-Tangible-Asset for the quarter that ended in . 20 was 0.00%.

The historical rank and industry rank for The Limners and Bards's Return-on-Tangible-Asset or its related term are showing as below:

XJAM:LAB's Return-on-Tangible-Asset is not ranked ^*
in the Media - Diversified industry.
Industry Median: 0.44
* Ranked among companies with meaningful Return-on-Tangible-Asset only.

The Limners and Bards Return-on-Tangible-Asset Historical Data

The historical data trend for The Limners and Bards's Return-on-Tangible-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

The Limners and Bards Return-on-Tangible-Asset Chart

The Limners and Bards Annual Data

Trend

Return-on-Tangible-Asset

The Limners and Bards Semi-Annual Data

Return-on-Tangible-Asset

Competitive Comparison of The Limners and Bards's Return-on-Tangible-Asset

For the Advertising Agencies subindustry, The Limners and Bards's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

The Limners and Bards's Return-on-Tangible-Asset Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, The Limners and Bards's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where The Limners and Bards's Return-on-Tangible-Asset falls into.

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The Limners and Bards Return-on-Tangible-Asset Calculation

The Limners and Bards's annualized Return-on-Tangible-Asset for the fiscal year that ended in . 20 is calculated as:

Return-on-Tangible-Asset	=	Net Income	/	( (Total Tangible Assets	+	Total Tangible Assets)	/ count )
		(A: . 20 )		(A: . 20 )		(A: . 20 )
	=	Net Income	/	( (Total Assets - Intangible Assets	+	Total Assets - Intangible Assets)	/ count )
		(A: . 20 )		(A: . 20 )		(A: . 20 )
	=		/	( (	+	)	/ )
	=		/
	=	%

The Limners and Bards's annualized Return-on-Tangible-Asset for the quarter that ended in . 20 is calculated as:

Return-on-Tangible-Asset	=	Net Income	/	( (Total Tangible Assets	+	Total Tangible Assets)	/ count )
		(Q: . 20 )		(Q: . 20 )		(Q: . 20 )
	=	Net Income	/	( (Total Assets - Intangible Assets	+	Total Assets - Intangible Assets)	/ count )
		(Q: . 20 )		(Q: . 20 )		(Q: . 20 )
	=		/	( (	+	)	/ )
	=		/
	=	%

In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is one times the annual (. 20) net income data.

The Limners and Bards (XJAM:LAB) Return-on-Tangible-Asset Explanation

Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.

Be Aware

Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.

The Limners and Bards Return-on-Tangible-Asset Related Terms

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